Absolute Poker, the now more-or-less defunct company that included UltimateBet, has been hit with a 180 million Norwegian Kroner tax bill ($29.9 million) by the Norwegian tax agency, Skatteetaten. The tax agency accuses Absolute Poker of running 430 million Kroner of business through a now bankrupt alleged Norwegian subsidiary, Madeira Fjord, and owing Norway’s Value Added Tax.
While this could impact Americans seeking refunds of balances on Absolute, it’s more likely that this is symbolic. Madeira Fjord and Absolute are bankrupt, and given the ongoing negotiations with the US Department of Justice its likely (but not certain) that player balances will receive a higher priority than Skatteetaten VAT claim.
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Tags: Absolute.Poker